Can Foreign Investors Legally Use Nominee Shareholders in Indonesia?
According to the OECD Global Forum on Transparency and Exchange of Information (2023), intermediary or opaque structures hold close to 40% of global corporate ownership in today’s highly interconnected financial world. Among the most significantly used of these mechanisms is the nominee shareholder arrangement, which is an instrument that facilitates one person or entity to…
Can Secretarial Services Prevent Costly Legal Errors in Indonesia?
In Indonesia’s rapidly developing economy, which is expected to reach USD 5.4 trillion by 2045 according to the Ministry of National Development Planning, the stakes for doing business have never been higher. Buried behind this growth story lies a labyrinth of legal obligations that can make or break companies. Since the enactment of the Omnibus…
What Steps Do You Need to Take to Open a Company in Indonesia?
The first thing most foreigners learn about opening a company in Indonesia is that it cannot be rushed. The second is that it’s worth the wait. In the past decade, Indonesia has quietly emerged as one of Asia’s most dynamic avenues for foreign investment. With a GDP exceeding US$1.4 trillion and an average annual growth…
What are the Responsibilities and Eligibility of a Corporate Secretary in Indonesia?
Running a company in Indonesia involves more than establishing operations and chasing growth opportunities. To stay compliant with the country’s legal framework and to maintain good governance, every company must have a reliable professional who can act as the bridge between regulators, the board, and shareholders. This is where the corporate secretary in Indonesia becomes…
Are Companies in Indonesia Risking Compliance by Sticking with Outdated Corporate Secretarial Providers?
For most businesses, change is not merely an option but often a crucial step in moving forward. Furthermore, it is rarely welcomed without trepidation, particularly in times of uncertainty. In Indonesia, companies are no exceptions to such challenges. Economic fluctuations, political transitions, and regional trade tensions all tend to dampen investor confidence and reshape business…
Understanding Nominee Director for Foreign-Owned Businesses in Indonesia
Indonesia has long been a destination for foreign investment, offering a growing economy and a strategic location in Southeast Asia. International investors may encounter difficulties due to the nation’s foreign ownership regulations, especially in industries where such ownership is restricted. To circumvent local ownership restrictions, many foreign investors consider nominee directors a potential solution in…
Why Foreign Companies Need Secretarial Services When Expanding to Indonesia?
Introduction to Corporate Secretarial Services in Indonesia For many foreign companies, expanding into Southeast Asia offers exciting growth potential. Indonesia, in particular, attracts global investors with its strong economy and vast consumer market. However, entering this market also brings regulatory and administrative challenges. Indonesia’s business landscape has complex compliance requirements that can be difficult for…
